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effort and benefit sanctions if observed search is deemed insufficient. We find that introducing monitoring and sanctions …This paper analyzes the design of optimal unemployment insurance in a search equilibrium framework where search effort … among the unemployed is not perfectly observable. We examine to what extent the optimal policy involves monitoring of search …
Persistent link: https://www.econbiz.de/10010321089
sequencing of benefits), monitoring in conjunction with sanctions, and workfare. Our reading of the theoretical literature is … that the case for imposing a penalty on less active job search is fairly solid. A growing number of empirical studies …
Persistent link: https://www.econbiz.de/10010321098
monitoring and sanctions restores search incentives most effectively, since it brings additional incentives to search actively so … of improving the efficiency of UI: the duration of benefit payments, monitoring in conjunction with sanctions, and … monitoring and sanctions than in the other two systems. Workfare appears to be inferior to the other two systems. …
Persistent link: https://www.econbiz.de/10010321532
effort and benefit sanctions if observed search is deemed insufficient. We find that introducing monitoring and sanctions …This paper analyzes the design of optimal unemployment insurance in a search equilibrium framework where search effort … among the unemployed is not perfectly observable. We examine to what extent the optimal policy involves monitoring of search …
Persistent link: https://www.econbiz.de/10010321736
decrease as the level of earnings rises. The framework is a search equilibrium model where wages are determined by Nash … bargaining between firms and workers, job search intensity is endogenous and workers are heterogeneous. The analysis suggests …
Persistent link: https://www.econbiz.de/10010321580
sequencing of benefits), monitoring in conjunction with sanctions, and workfare. Our reading of the theoretical literature is … that the case for imposing a penalty on less active job search is fairly solid. A growing number of empirical studies …
Persistent link: https://www.econbiz.de/10010321601
to identify the elasticity of unemployment insurance filings with respect to search intensity. Applying our elasticity …
Persistent link: https://www.econbiz.de/10012429416
benchmark model of sovereign default and direct creditor sanctions by Obstfeld and Rogoff (1996). In their model it is in the …
Persistent link: https://www.econbiz.de/10010278280
sanctions on job search outcomes for young welfare recipients in Germany. The German benefit system is characterized by harsh … not comply with their job search requirements. We jointly analyze the impact of these sanctions on job search outcomes and …. In this context monitoring and sanctions are important policy tools. In this paper, we analyze the impact of strict …
Persistent link: https://www.econbiz.de/10012039312
peer-to-peer sanctions more strongly than that of centralized sanctions. This may contribute to explaining the greater …
Persistent link: https://www.econbiz.de/10012058652